Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 98.420 | −0.0340 | get 0.0170% / 4h | 2h 29m | $26.2M | $24.8M | 100x | Long Bitget | |
| SHORT | 98.405 | +0.0048 | get 0.0006% / 1h | 29m 00s | $466K | $442K | 20x | Short Popdex |
Price gap−0.015%53s
Funding gap+0.0388% /8h
Funding pays +$12 a day on $10k, but the gap is 0.039% under its 7d average: −$4 if it goes back, about 8 hours of funding. At the last 7 days' pace that is about 23 hours.
The two prices were read 53 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$26+0.0388% /8h now · paid +0.261% over the last 7D
Price—spread −0.015%53s now · prices read too far apart to compare
Costs−$250.247% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Entry / ExitPopdex: thin, under $1M open interest
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.015%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBZ on 30 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books7.8 / 4.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $500Bitget 100x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$11.64Long Bitget: 6 payments, +$10.20; short Popdex: 24 payments, +$1.44.
- Watch: Prices read 53 s apart−0.015% vs +0.024%Part of this gap may be the market moving.
- Watch: Short leg is thinner$466K vs $26.2M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Popdex NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0137%/8h × 21 periods+$28.77
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$6.28
Fee Bitget bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$4.09
price spread not counted: prices read too far apartCosts to cover0.247%Break-even6.0 days
Slippage: Bitget: live order book, 4 min ago; Popdex: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget0.517.8 bp−$89.7 bp−$9731.8 bp−$3,18477.4 bp−$38.7K
SELL · SHORTPopdex1.224.4 bp−$45.8 bp−$58doesn’t fitdoesn’t fit
Closing costs about the same again.
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